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The average rent for a Manhattan apartment keeps climbing above $5,000. What happens when demand falls?
… first passed $5000 in June and Manhattans median rent hit $4000 for the first time in May This is all scary news for … typically want tenants who earn annual salaries of 40 times the monthly rent making getting a new apartment in … renters are even encountering bidding wars for broker fees for rentstabilized apartments … How far can landlords …